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She's climbing!
19 June 2014 Parity Group plc Launch of Supercommunications division Parity Group plc ( "Parity") has launched Supercommunications, its high-tech marketing content and communications division, previously known as Parity Digital Solutions. Supercommunications sits alongside Parity Professionals, Parity's long-standing IT services division specialising in professional staff selection, development and placement. The new division is led by its Executive Chairman, Andy Law, an awarded management writer, international speaker and board-level consultant with a long and successful career in marketing services. He is particularly well known as the founder of St Luke's, the revolutionary UK advertising agency. Supercommunications' strategic mission is to be a new kind of marketing communications company with technology at the core - a blend of creative and technology talent working for advertising agencies and brands. With some 75 professional staff and over GBP10m of net revenues, the business is already a mid-size player in the UK digital marketing services industry. Supercommunications brings together: -- Golden Square - a long established content production, post-production and digital asset management and distribution company; -- MADE Content - a TV content production company emanating from Golden Square's Disquo, and CEO Mark Andrews' MADE business; -- Inition - 3D technology, augmented and virtual reality experiences; and -- Parity Systems - IT systems integration specializing in large data bases and business intelligence. Parity is also pleased to announce that Inition has won the prestigious 'Project of the Year" award at the BT Retail Technology Awards 2014 for its virtual reality catwalk for TopShop in London Fashion Week. Philip Swinstead, Executive Chairman of Parity Group plc, commented: "I am delighted that, after much hard work by all our people, we now have in place two strong well-managed divisions with exciting capabilities and growth strategies. Our Board can now look forward with confidence to increasing shareholder value for some years ahead." Andy Law, Executive Chairman of Supercommunications, commented: "To be truly competitive today it is essential that brands place themselves within arms reach of consumers using leading-edge technology, and offer a highly distinctive proposition with fluidity of process". Enquiries: Philip Swinstead: p.swinstead@parity.net Andy Law: a.law@supercommunications.com Tel: +44 (0) 207 300 3555 www.Supercommunications.com This information is provided by RNS The company news service from the London Stock Exchange END NRALIFFTRLIALIS
97k now
...about a week ago where this was heading. Welcome aboard, newbies.
About to go....
Really wants to climb...
Now 5 buys totalling 18,882 shares...that's more like it!
Let's hope so. So far just 3 buys totalling 7,063 shares. Would have liked to have had some numbers behind the AGM statement, rather than "Trading since January is encouraging and is in line with market expectations." EPS 1.05p is the forecast btw. Will keep an eye out for the rest of the day and tomorrow.
Going on??
Climbing and could have long legs:)
About to have an upward tick!
Are coming in... She has so few shares on offer and could move so very easily!
36p!
29 May 2014 Parity Group plc ("Parity" or the "Group") AGM Statement At the AGM, Philip Swinstead, Executive Chairman of Parity, will make the following comments: "Trading since January is encouraging and is in line with market expectations. This has been a busy and exciting few months for our Group. Following completion of the re-structuring of the Group into two independent divisions last year - Parity Professionals and Parity Digital Solutions - we have now finalized our senior management appointments in both divisions, relocated divisional staff to work more closely together, and made a small acquisition, Golden Square, in the digital marketing area. We have closed the separate Group office and are now vacating the legacy office in Wimbledon where our lease expires this September. Having completed the turn around of the Group we can now concentrate on the evolution of its two divisions: Parity Professionals, into a new style of IT staff selection, development and placement business; and Parity Digital Solutions, from its IT systems heritage into a provider of digital marketing services with a technology core.. Moving forward, Paul Davies will start to concentrate on the Professionals division as its Executive Chairman, which remains the major part of our Group. In parallel, Andy Law has recently joined the Group as Executive Chairman of the Digital division, to lead our strategic initiative in this market. Recently we announced that Parity Digital Solutions division had acquired the business of Golden Square, which is a well-known post-production and international content distribution company in London. This provides another key capability for our planned expansion in this market. My value-enhancement strategy has always been to predict areas of growth in the people-based technology services market, and what style of services will be required. I believe that we now have the management and capabilities to move both divisions down this road. The Board looks forward to increasing shareholder value from a strong base in future years." Enquiries: Parity Group PLC 0845 873 0790 Philip Swinstead, Chairman, Parity Group MHP Communications 020 3128 8100 John Olsen Ben Griffiths Investec Bank PL
Just seen it's 29 May
Entirely agree - have a look at what QPP have been/are going through. When's the AGM by the way?
Gotta laugh with AIM shares - they really are make believe and it's any excuse to drop them at times! Parity is a good solid company, yet they've steadily dropped for months now. Today, its another 10% down, presumably due to one of the Non-Executive Directors, who also just happens to be a Director of another company that has entered creditors voluntary liquidation? Surely the big news that's materially of relevance to Parity itself is that they've just released results of their great performance in 2013. Improved revenues and profits, three times more cash in the bank and reduced net debt (more than halved to just £2.53M). Parity typify to me the fun and games of AIM, which clearly have prices set at the whim of some MM shark somewhere. They'll bounce here at some point of course, but only when the MM has amassed shed loads of these on the cheap to offload at great profit. And then it'll be the smallest bit of news, like a new service being rolled out or one of the Directors finding a fiver in his pocket and this will sky rocket overnight to where it should be. Ho hum, roll on the weekend!!
http://www.moreaboutadvertising.com/2014/05/parity-group-buys-golden-square-for-growing-digital-division-to-be-headed-by-andy-law-and-mark-andrews This was on May 1st and yet we have not heard anything - or is that due to the timings of the pre-pack. No idea about the financials but presume this is to provide a clean legacy free package to Parity, who know all about legacy issues. Just in time for the AGM or is that a little cynical.
what day are the results released? are these full-year results to 31-dec?
results next week, expect this to chug northwards.
...the regular charge to 40p
Volume pick up very bullish
BOOM ....
Creative Director of INITION Andy Millns on Sky News earlier saying virtual reality is the ultimate interface to the digital world which has a huge variety of applications. Good to have some exposure now.